The Business of the 21st Century

Implications and Applications

• Robert Kiyosaki's book «The Business of the 21st Century» highlights the importance of network marketing as a business model that allows people to start their own business with minimal investment. In practice, this means that many people can use network marketing to create a source of passive income while developing their sales and leadership skills.
• Kiyosaki emphasizes the importance of financial literacy and investing in one's own education. In practice, this encourages readers to study financial strategies, such as asset and liability management, which helps them make more informed financial decisions.
• The author also discusses the necessity of creating and developing networks of contacts. In practice, this means that people should actively build and maintain business relationships that can lead to new opportunities and partnerships.
• Kiyosaki discusses the concept of the cash flow quadrant, explaining how transitioning from employment to entrepreneurship can change a person's financial situation. In practice, this inspires people to seek ways to move into the business and investment quadrants to achieve financial independence.